The exclusive partnership introduces a first-of-its-kind financing offering, giving buyers flexible access to funds from the off-plan stage through to handover across select Ras Al Khaimah developments.
September 15, 2026 | Tripti Mehta | UAE | Developer | 2 Min Read
Image Courtesy: RAK Properties
RAK Properties, one of Ras Al Khaimah's leading publicly listed developers, has partnered with Rakbank, a publicly listed UAE bank with a 50-year legacy of serving individuals, businesses and communities across the country. The exclusive partnership introduces a first-of-its-kind financing solution designed to make off-plan property ownership more accessible for buyers investing in the emirate's residential real estate sector.
Primarily focused on off-plan homes, the solution offers tailored financing options, exclusive offers and a seamless process designed to provide confidence and certainty throughout the buying journey. Buyers can make a low initial investment to unlock access to structured financing solutions, with offers supporting the entire journey from construction to handover, subject to eligibility and applicable terms and conditions.
The financing will be rolled out across select off-plan and under-construction RAK Properties developments, including Skai, Quattro Del Mar, Solera, NURA, Anantara Residences, Anantara Villas, ENTA, Lunara on The Strand, Mirasol 1, Mirasol 2, Beach Villas and The Edge.
Sameh Muhtadi, Chief Executive Officer of RAK Properties, said the company's goal is to make owning a premium residence in Ras Al Khaimah as attractive and easy as possible. "By partnering with Rakbank on this exclusive product, we're pleased to offer one of the most accessible home financing solutions on the market. More than a standard mortgage product, this highly tailored and flexible financial pathway gives buyers total confidence from the off-plan stage all the way to handover. With this first-of-its-kind solution, RAK Properties is setting a new benchmark within our Emirate's fast-moving real estate sector," he said.
Raheel Ahmed, Group Chief Executive Officer of Rakbank, said buying a home is one of life's biggest milestones and, for many people, the fulfilment of a long-held dream. "Our role is to help make that dream feel more achievable. Through our partnership with RAK Properties, we are giving eligible customers greater flexibility and support throughout the journey, from construction to the moment they receive the keys to their new home. It is another way we are making banking simpler, more human and more connected to what matters most in our customers' lives," he said.
Source: RAK Properties official communication
